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20130113
20130121
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan -- one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research -- all the things that help us grow. now, step by step, we've made progress towards that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago, i signed into law more than $600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. when you add the money that we'll save in interest payments on the debt, all together that adds up to a total of about $2.5 trillion in deficit reduction over the past two years -- not cou
to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address the issue of immigration reform. that may be one of the top priorities of his administration. is he expected to talk about that? >> reporter: perhaps but even before that the president is likely to be asked about efforts to curb the nation's gun violence with vice president biden set to give recommendations to the p
of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a second trip -- and a secretary. they do not think it is smart to protect and as corporate loopholes and tax breaks for the wealthiest americans rather than rebuild roads and schools or help manufacturers bring jobs back to america. they want us to get our books in order in a balanced way where everyone pulls their weight, everyone does their part. that is what i want as well. that is what i have proposed. we can get it done, but we're going to have to make sure people are looking at this irresponsible way, rather than just
class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make people and education and jobs and science research. step by step, we've made progress towards that goal. over the past two years i've signed into law about $1.4 trillion in spending cuts. two weeks ago i signed into law more than $600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. when you add the money that will save in interest payments on the debt, altogether that adds up to a total of about $2.5 trillion in deficit reduction over the past two years. not counting the $400 billion already saved from winding down the wars in iraq and afghanistan. so we've made pro
component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training, science medical research, all the things that help us grow. now, step by step we've made progress toward that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago, i signed in a law more than $600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. when you add the money that we'll save in interest payments on the debt, altogether that adds up to a total of about $2.5 trillion in deficit reduc
the debt and deficit reduction at an event hosted by the u.s. chamber of commerce. that's at 8:30 ian. eastern. and at 1 p.m. eastern, the national immigration forum holds a news conference. speakers are scheduled to include tom donohue of the u.s. chamber and former commerce secretary carlos gutierrez. >> he had been talking about this dream that he had had. he had talked about it for years, you know? the american dream, and that it had become his dream. he had been in detroit just a few months before, and he had talked about i have a dream that america will someday realize these principles of the declaration of independence. so, um, i think he was just inspired by that moment. >> sunday on "after words," claiborne carson recalls his journey as a civil rights activist participating in the 1963 march on washington to prominent historian and editor of martin luther king jr.'s papers. it's part of three days of booktv this weekend. monday featuring books on president obama and martin luther king jr. >> now an update on preparations for president obama's inauguration on monday. represent
of deficit reduction, a little short of 4 trillion we need, but he would have the american public believe he's significantly reduced our deficit as president. >> which makes you wonder why we need another 2 trillion dollars so desperately now as we are getting ready for the beginning of his second term. obviously, that's 2 1/2 trillion that is, well, fanciful in my opinion and ethereal in others and it's not a reduction in baseline, it's a reduction in the rate of growth of spending, which is again suffocating to the private economy and unsustainable over the course of the next several years. >> megyn: one thing we did hear the president reference personally, we heard it from nancy pelosi prior, but the president personally talking about now closing more loopholes and that means higher taxes. we don't know on who, but he would not specify any specific spending reductions and refusing to negotiate with the house republicans on the issue of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the pr
it doesn't add to our national debt and deficit when we are going to be at $20 trillion by 2016. jack lew has a lot to answer for but if every democrat votes for him, he needs five republicans to vote for him. senator sessions is a measured guy. when he makes a comment like this, i really think the senate should pay attention. >> arthel: we're going to go a little bit down the list. john brennan who is the choice leader. c.i.a. lindsay graham saying they shouldn't confirm until the administrationlab rates the attacks in benghazi. how do you see this playing out? >> i think john brennan is going to have the easiest time getting his nomination through. there will be a the couple tough questions from benghazi and also talking about enhanced interrogation procedures. ultimately those are things that happened under the bush administration. we don't torture anymore. i believe brennan is going to have a significantly and i think at the end of the day the nominations are going to saim through. >> arthel: go ahead. >> i love it when progressives against bush on drones and git more and everything e
deficit hawk. the republican senate committee budget guru, and he is offsetting most of the first slice. the bill's actually two pieces, 17 billion and 34 billion. and he's offsetting the 17 billion portion with a across-the-board cut. so it'll be interesting to see if that passes or not. you know, all democrats will vote against it, and i suspect that it will fail. but it'll be interesting to see. for him it's important because they want to establish the principle that emergency spending needs to be offset with spending cuts. which is something that democrats are very afraid of, because they feel like every time there's a disaster, republicans use it as an excuse to go after domestic programs, social services and so forth. so that'll be an important precedent, and then we'll see what happens in the senate. you know, we'll probably see a house/senate conference on the bill or some ping-ponging between the chambers and probably delaying final enactment. >> host: yeah. and the washington times reporting this morning that the conservative group for growth is threatening to punish members w
was raised in august, the political fight and the spotlight on the count row's deficit and debt problems led s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term, now he's stepping down at treasury. the pick to replace him is jack lew, who has established a close relationship with the president. he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fiscal problems. >> this is a president that is forced to grapple to the tenor of our times with the budget woes, with the economy that can't get over the hump. it's going to consume most of his time, i believe, in the second term. >> what he cannot do, going into this term is go from economic crisis to economic crisis. that's not leadership. what he will have to do is figure out how we address this in a broa
in the details on immigration reform and gun control and deficit reduction at the state of the union next month when he goes back to capitol hill. >>heather: back in 2009 it was 20 minutes so hopefully he will stick to the same. then you, ed henry. >>gregg: now the inaugural theme called "faith in america's future." that was chosen by the joint congressional committee on inaugural ceremonies commemorting the united states perseverance in unity and marks the 150th year since the placement of the statue of freedom atop the new capitol dome in 1863 when crews worked without any pay at all to complete the project, the official inaugural program, launch and other activists is reflecting that theme. >> interesting insight. as we mentioned, today's official swearing in was not open to the public. why is that? according to a tradition dating back to the 19th century, public inaugurations have to be moved to the following monday if the inauguration day falls on a sunday. this has happen add few times before including in 1985 during the second inauguration of ronald reagan and when eisenhower in 1957 was
important thing he could do is tax reform and deficit control. if he could put those two things together, that'd be bigger than health care. >> steve: you know what? if he were to work with the republicans talking reform-- >> i think that's a lock for next year. >> steve: well, he wants to do something about it. some republicans want to do something about it, remember last time with health care, the republicans had a bunch of ideas and the democrats shut them out completely. maybe this time bipartisan. >> brian: that's not the harry reid i know. >> alisyn: let's get to other stories in the headlines, late last noos night, two drones strikes, at least three of the bodies were burned beyond recognition. the death toll could rise in the hostage crisis at a gas plant in algeria. many were killed including one american. two americans are still missing and the crisis ended yesterday when the algerian army attacked the plant killing two militants. president obama said this is attack is another reminder of the threat posed by al-qaeda and other violent extremist groups in north africa. and the p
to prioritize the government's bills. what's wrong with that idea? guest: we have had some deficit reduction. as the president laid out a couple days ago, we have had over $2 trillion. we had 1.5 trillion that came from previous actions. and then we added just a few days ago some further deficit reductions through some increased taxes on the very wealthy of this country. so we have already begun to undertake deficit reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we have never tried that before. host: is it feasible? guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills do you pay? we never tried that. i think the president put it so well. this is not a deadbeat nation really, and i think common sense is likely to prevail within the republican ranks. i know, if i might say so, if not firsthand, secondhand, much of the leadership within the house republican caucus, not all of it, i think some realizes the potential consequences. host: if
this. yes, it may run up the immediate deficit, but once again, for every dollar that we invest in those levees we not only save lives and property, but we put people to work and we get the economic engine going. further up in my district, again, along the sacramento and the rivers, i have a project that's 44 miles of levee that clearly will fail. it has failed four times in the last 60 years. lives have been lost. one of the most catastrophic failures of a levee happened in this stretch of river. we need to rebuild that. the federal government's role in these construction projects of these levees has gone back to the very beginning of this nation and it is congress' task to allocate the money to decide the projects that are going to be built. but unfortunately we tied ourselves in knots here with certain rules that have been put in by our republican colleagues that prevent us from taking the necessary action to protect our communities. we're not talking about, you know, willy nily unnecessary projects. we're talking about saving -- nilly unnecessary projects. we're talking abou
change, balanced deficit reduction, reducing gun violence and the implementation of the affordable care act. with me now, jim messina, the man responsible for re-electing the president and heading this new non-profit group and he's head of the inaugural parade. this is a busy time for you jim, huh? >> hi, craig, how are you? it's busy, but a lot of fun. >> let's start with this new group here. it's set up like a 501 -- it's set up as a 501c4 group which is different from a super pac. it's able to legally coordinate with the white house. how do you think that's going to help the mission? >> look. we went out and surveyed our members across the country and two things became very apparent. one, they wanted to stay together. they had built something very special through two very tough presidential campaigns and two, they wanted to continue to work on the issues that motivated them to get involved with barack obama in the first place. you talked about them, the economy. immigration reform, climate change. all things that we care very deeply about and so as we looked at how to do that, the st
they need to put inshunes on a gun like you do a car. host: so often we focus on the u.s. debt or deficit, we have exceeded now the dealt limit of $16.4 trillion. you can see in the upper left-hand side the debt clock. difficult choices on the debt if the u.s. think it's ceiling. the piece points out by mid february or early march the united states could face an unprecedented default unless it raises the debt ceiling. that was from tim geithner. further into the body of the "new york times" story i want to is share with you some of the numbers "the new york times" points out today. that could happen as early as february 15, if that happens by february 15 or early march, according to the by partisan policy center in analysis of what the government expects is $8 billion in revenue that day but it has $52 billion in spending that day, $6.8 billion in tax refunds, $3.5 in federal salaries, and $1.5 ode to military contractors and other commitments. consider again that day on february 15 f that is the day we reach the limit, the country would not have enough money to pay the bond holders let a
, and it is this. the huge budget arguments about to take place, the huge deficit spending stuff, the huge we're going to face it again, you know, debt ceiling stuff, what is the republican strategy in dealing with the democrats? david. >> you know, mike, i was on capitol hill this week talking to top republicans, and i'm getting a sense and you're seeing it written about as well, that they would maybe like to step away from the brink about the debt ceiling. they do want to force the issue about how can they get this president to agree to additional spending cuts? the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age a
to new gun laws. >> tomorrow, former senators conrad and grade lead a discussion on deficit issues. we will be live starting at 8:30 a.m. eastern on c-span to. and at 1:00 p.m. eastern, chamber of commerce president thomas downey year -- thomas donahue called for immigration legislation. we will be live from the national press club also on c- span to. -- c-span 2. >> he talked about the dream he had, he talked about for years, the american dream. it had been his dream. and he was in detroit a few months before. he talked about -- i have a dream that america will someday realize its principals in the declaration of independence. so i think he is just inspired by that moment. >> sunday, claiborne carson recalls his journey as a civil- rights activist, participating on the 1963 march on washington. it is part of three days of the tv this weekend, monday featuring authors and books on the inauguration. >> president obama officially launched his effort to reduce gun violence wednesday, calling for action in congress and signing 23 executive orders to deal with the issue. speaking before an
Search Results 0 to 22 of about 23 (some duplicates have been removed)